BTC under 45k And 42k Support Level, What Will Be Happen?

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 BITCOIN is under 45k and touched 42k support level which is 61.8 Fibo level in the weekly chart.  

 

If BTC will break out 42k support level, it will form a downtrend to 40k-39k, the SMA30.

 

 It is the first time that BTC on 50 horizontal lines in Stochastic RSI14 reset probably will Bounce up here.

 

I wait a bit and watch the Daily time frame if the candlestick will be a hammer against the shooting star in the Weekly chart. Otherwise, a downtrend is possible if it continues under 39k. The oversold zone is almost set up and typically the massive buy sign. I am staying positive. I didn't sell out my coin yet instead I want to buy the dip to collect more Satoshi, Litoshi, and more. Panic? noway. Bull Year 2020-2021.

 

PREDICTION:

Bitcoin (BTC) 70K, 80K, 90K, 100K Soon.

 

 

Disclaimer: All the information in this article is basically my own opinion, Do your own research in any investment. 

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